Air Inventory Turnover from 2010 to 2024

ATSG Stock  USD 21.90  0.03  0.14%   
Air Transport's Inventory Turnover is decreasing over the last several years with slightly volatile swings. Inventory Turnover is estimated to finish at 39.92 this year. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
37.46128276
Current Value
39.92
Quarterly Volatility
8.41003035
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Air Transport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Air Transport's main balance sheet or income statement drivers, such as Interest Expense of 76.3 M, Total Revenue of 1.3 B or Gross Profit of 189.8 M, as well as many indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0 or PTB Ratio of 1.43. Air financial statements analysis is a perfect complement when working with Air Transport Valuation or Volatility modules.
  
Check out the analysis of Air Transport Correlation against competitors.

Latest Air Transport's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Air Transport Services over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Air Transport's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air Transport's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Air Inventory Turnover Regression Statistics

Arithmetic Mean35.36
Geometric Mean34.42
Coefficient Of Variation23.79
Mean Deviation6.73
Median34.36
Standard Deviation8.41
Sample Variance70.73
Range29.0407
R-Value(0.40)
Mean Square Error63.96
R-Squared0.16
Significance0.14
Slope(0.75)
Total Sum of Squares990.20

Air Inventory Turnover History

2024 39.92
2023 37.46
2021 27.0
2020 27.65
2019 30.19
2018 20.93
2017 41.09

About Air Transport Financial Statements

Air Transport stakeholders use historical fundamental indicators, such as Air Transport's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Air Transport investors may analyze each financial statement separately, they are all interrelated. For example, changes in Air Transport's assets and liabilities are reflected in the revenues and expenses on Air Transport's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Air Transport Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 37.46  39.92 

Currently Active Assets on Macroaxis

When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out the analysis of Air Transport Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Transport. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
(0.01)
Revenue Per Share
30.203
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0149
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.